Awards for Information Relating to Detecting Underpayments of Tax or Violations of Internal Revenue Laws

February 19, 2013

regulations.gov

The IRS has proposed a new regulation that may prevent whistleblowers who identify tax fraud from receiving an award if the information provided a whistleblower overlaps with an audit the IRS is already conducting. The proposed regulation would also narrow the definition of a “related action” for purposes of issuing whistleblower awards under the IRS whistleblower program. The IRS is required to consider public comments and requests for public hearings on the proposed regulation, which must be received by February 19, 2013.